If you don’t have anything saved when you die, how do you ensure your death doesn’t create a financial burden for your survivors? That’s where burial insurance comes in. And these are the best burial insurance companies right now.
Creating a living trust can protect your assets, cut family disputes off at the head, and avoid significant probate fees in exchange for a few hours of your time. Learn what a living trust is to determine whether it’s worth adding to your personal estate plans.
A power of attorney is a legal document used to give someone you trust the authority to represent you and act on your behalf. You can name someone to make health care decisions for you, handle your financial affairs, or even care for your children. Learn about power of attorney and how to get it.
A will codicil is a legal document you can use to make minor changes to a will. But you have a few options when it comes to making a will codicil, and doing it wrong can prevent your changes from taking effect after you die. So ensure you know how to do it right.
There are several events that mark good times to review and update your estate plans, including major life changes, financial changes, or new tax laws. You should also make a habit of updating your estate plans every few years regardless. Read on to learn why it’s important to update your estate plans and when you should do it.
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